What’s the Best Way to Finance Your Real Estate Investment?

A quick look at different types of investment loans

An investment loan refers to any kind of loan used to finance the purchase and/or renovation of an investment property. While the home one lives in may well be considered an investment, it is also a home; as such, it is not considered an investment property per se, as one has to have a roof over one’s head, whether owned or rented. Purchasing a property with the aim of leasing it or fixing it up to flip it and make a quick profit, makes it an investment property – a realistic alternative to investing one’s spare capital in stocks or bonds. 

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Reverse Mortgage vs. HELOC

Once you reach 62 years old and are considering accessing the equity in your home, an additional opportunity in the form of a reverse mortgage becomes available. You could always leverage your home equity in the form of a home equity line of credit or HELOC, but with this additional option, which is right for you? Both are more flexible than other loans and have inherent risks that you need to consider before deciding which one works best for you.

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How Long is a Standard Home Mortgage?

Mortgages offer many options for homeowners, with varying interest rates, amortization, fees, and monthly payment amounts. You need to find the mortgage that works best for your unique situation, whether your goal is a lower payment, lower interest rate, or paying the loan off as soon as possible.

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Top 7 Places for Post-Holiday Shopping in Orlando

The hectic holidays are over, and you’ve got sales to check out and gift cards to spend. The weeks after the holiday season are a great time to find deals on clothing, accessories, and home goods as stores clean out last year’s stock to make room for new items. Perhaps you worked hard this holiday season, or you got a chance to relax. Either way, some shopping will do you good. Head to the coolest shopping spots in Orlando for post-holiday sales and a bit of retail therapy to help you unwind from the busy holiday season.

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